Answer:
$9,840
Explanation:
In this question, we have to take the difference between the payment for S corporation and the C corporation
If Military Gear Inc is a C corporation, then the payment would be
= Ordinary income × marginal tax rate
= $84,000 × 24%
= $20,160
And, if Military Gear Inc is a S corporation, then the payment would be
= (Ordinary income - net effect) × marginal tax rate
= ($84,000 - $41,000) × 24%
= $43,000 × 24%
= $10,320
The net effect would be
= $159,000 - $118,000
= $41,000
The net payment would be
= $20,160 - $10,320
= $9,840
The phase that comes after the trough and before the peak is called expansion
Answer: Rework the phones
Explanation:
The phones have already been produced so the cost price of $70 does not matter as it is a sunk cost.
The decision the company makes between scrap and reworking will depend on which option bring in more money.
Scrap = $39
Reworking:
= Price after reworking - Cost to rework
= 146 - 82
= $64
Incremental income of reworking over scrap:
= 1,075 * (64 - 39)
= $26,875
<em>Signal makes an incremental income of $26,875 if they rework the phones so they should do that. </em>
Answer:
B. its application to real-life organizations
Explanation:
The answer to this is most likely B because the strength of the team leadership model is application to real-life organizations.
Answer:
$93,500
Explanation:
Given that,
Purchased new equipment for cash = $80,000
Transportation costs = $2,000
Sales tax paid = $7,000
Installation cost = $4,500
Cost of equipment:
= Cash purchase price + Transportation cost + Sales tax paid + Installation cost
= $80,000 + $2,000 + $7,000 + $4,500
= $93,500
Therefore, the cost recorded for the equipment was $93,500.
